Forgive me, but because of time considerations, I will not.
Let me raise a couple of issues that received lengthy debate in Committee and will be important aspects of the work needed to take the Bill forward. I speak particularly of the block grant. I am grateful for the letter that the Minister sent to the Public Bill Committee, further setting out the Government’s approach to calculating the element of the block grant that the Northern Ireland Executive will have to pay back to the UK Government. We are still a long way from a nail-down formula, as it were, for how the block grant reduction will be calculated, particularly in respect of measuring and calculating behavioural effects that will need to be taken into account.
I note the indication in one of the appendices to the letter that the devolution of corporation tax to the Northern Ireland Executive in 2019-20 is expected to cost about £325 million if Northern Ireland opts for a 12.5% rate rather than the United Kingdom’s 20% rate,
but much more work will need to be done on that, and an agreement will need to be struck with the Northern Ireland Executive.